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20130228
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Search Results 0 to 7 of about 8 (some duplicates have been removed)
FOX Business
Feb 24, 2013 1:00am EST
facts. and both sides are doing this, both sides refusing to cut. look, according to president obama's own budget, we're going to run trillion dollar deficits ten years from now. and ten years and about 48 trillion dollars over the next ten years, we're trying to cut 1 trillion. instead of 40 cents of every dollar we're asking our government to borrow 38 cents a dollar. if a company can't cut 2%, not much less the entire 40% that we're borrowing, something's wrong. this is fear mongering at its worst. >> well, jehmu, do we have reason to be afraid? are you scared? >> yes. and we absolutely have reason to be afraid, brenda. how do you spell bad news for the company? s-e- s-e-q-u-... you get the point, sequester. and at the new year when we were looking at the fiscal cliff, but is there really a difference between the exorcist and the shining? the fear is there. of course we need cuts, you need it in stages. you don't do it when the economy is fragile. you do it when the recovery is stronger. and these across the board cuts, bad news. >> and tobin, i wouldn't call them cuts, they're tr
FOX Business
Feb 17, 2013 1:00am EST
. >> . >> the pushing the president clinton mum to the max. president obama repeating calls today for a 24% hike in the federal minimum wage to $9 an hour. some folks here say don't raise it, get rid of it and that will really help jobs. are they right? hi, everyone, i'm brenda buttner, this is bulls and bears. let's get right to it. here they are the bulls and bears this week, gary b smith. john layfield. jonas max ferris along with larry glazier and caroline. gary b, forget hiking the minimum wage, you say scrapping it altogether is how to get better paying jobs. >> states with the highest minimum wage in many cases, higher than the current minimum wage that the fed, federal government outlines has higher unemployment than those states with lower minimum wage. look, it's simple economics, something which this current administration doesn't understand. when you raise the cost of labor, you have a surplus of labor, that's true in comments, stocks, whatever. when you have a surplus of labor, what do you have, brenda? you have higher unemployment and simple as that, this administration doesn't und
Search Results 0 to 7 of about 8 (some duplicates have been removed)